Rates went up because of claims history. In other words, you had a bunch of previously uninsured people being dropped in the system where their healthcare usage is actually being tracked. Randy clearly doesn't understand the concept of adverse selection.

Costs go up because that's what it costs to keep the exchange afloat. It's a cost shift to consumers, which is precisely what the Democrats billed it as when they were pushing the bill. We are seeing an increase because insurers are adjusting the consumer cost to match the actual cost of services being provided.

Blue Cross Blue Shield of NC is a not for profit organization. While they do have some money in reserves, they keep that money in case of an epidemic. Anyone with half a brain knows how fast an epidemic can burn through a surplus.

Randy Voller doesn't have a damn clue what he is talking about. Figures that news outlet is probably adept at identifying a useful idiot and putting them on the air.

« Last Edit: November 02, 2016, 09:23:23 AM by Pi »

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